Wednesday, May 29, 2013

Saving for Tomorrow, Tomorrow

Would you rather spend today or save today? This is one of the behavioral problems with saving: immediate gratification. It is much more fun to spend your money than it is to save it. You feel immediate gratification when you spend. This Ted Talk features economist, Shlomo Benartzi, who discusses how to turn our behavioral problems into behavioral solutions and save for retirement.

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About Me

Dan Danford is founder and CEO of Family Investment Center in St. Joseph, Missouri. The firm is a commission-free investment advisor registered with the SEC. Danford and other advisors at the firm specialize in managing large portfolios of traditional investments. They do, however, advise investors on a broad range of wealth management services. More about Danford and this unique firm can be found at www.familyinvestmentcenter.com or call (816) 233-4100.